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Sep 28, 2012
09/12
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and most americans don't believe you have to touch medicare to take care of the deficit or the debt. >> listen, it's a numbers issue right? i'm a numbers guy. used to be 40 years ago that you had two people in america working to pay for every one retiree. now it's basically, you know, one worker paying for 10 to 20 different retirees because we've got this horrific demographic shift, 7500 people turning 60 every day. you're right. the numbers are unsustainable. what was interesting about your chart was this. i'll tell you what. the president is glad the election is only 39 days away. because yesterday kind of quietly, i don't want to get wonky, we had dismal economic data. we referenced it at the top. durable goods was terrible. boeing sold only one aircraft in august. gdp was revised down. 25% of people, i can't remember the source of the poll, basically said they'll slow down spending because of the fiscal cliff issue. things are slowing down because people, smart viewers of "morning joe" and cnbc know that we're going to get the biggest tax hike in history if congress doesn't do s
and most americans don't believe you have to touch medicare to take care of the deficit or the debt. >> listen, it's a numbers issue right? i'm a numbers guy. used to be 40 years ago that you had two people in america working to pay for every one retiree. now it's basically, you know, one worker paying for 10 to 20 different retirees because we've got this horrific demographic shift, 7500 people turning 60 every day. you're right. the numbers are unsustainable. what was interesting about...
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Sep 27, 2012
09/12
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he promised to cut the deficit at the end of his first term. he's blown a hole in the deficit large enough to drive a mack truck through. >> sean: i want to go to ralph's point here. this president said the republicans want dirty air and water, that mitt romney is pretty much a murderer, they want kids with autism, down syndromes and the elderly to fend for themselves. this president has never been asked why he said those things and why he believes them. >> it's simple. there's 23 million giving up looking for work. you engage in personal attacks on your opponent. it's not going to work. i'll tell you why, it's not going to work because the failed economic record of this president, and it's not going to work because he's out of step with the values of mainstream perq. it doesn't how much they try to smear romney's faith, those personal attacks -- >> sean: he agree. >> when senator reid said this, and i don't think it was fortunate to say this, but when he said this about mitt romney's faith, we come after him, how come it was okay to for john b
he promised to cut the deficit at the end of his first term. he's blown a hole in the deficit large enough to drive a mack truck through. >> sean: i want to go to ralph's point here. this president said the republicans want dirty air and water, that mitt romney is pretty much a murderer, they want kids with autism, down syndromes and the elderly to fend for themselves. this president has never been asked why he said those things and why he believes them. >> it's simple. there's 23...
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Oct 4, 2012
10/12
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KRCB
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we ended up moving from surplus to deficits. and it all culminated in the worst financial crise since the great depression. bill clinton tried the approach that i'm talking about. we created 23 million new jobs. we went from deficit to surplus, and businesses did very well. so in some ways, we've got some data on which approach is more likely to create jobs and opportunity for americans and i believe that the economy works best when middle-class families are getting tax breaks so that they've got some money in their pockets, and those of us who have done extraordinarily well because of this magnificent country that we live in, that we can afford to do a little bit more to make sure we're not blowing up the deficit. >> jim, the president began this segment, so i think i get the last word, so i'm going to take it. >> lehrer: you're going to get the first word in this segment. >> let me just make this comment-- let me repeat what i said. i'm not in favor of a $5 trillion tax cut. that's not my plan. my plan is not to put in place a
we ended up moving from surplus to deficits. and it all culminated in the worst financial crise since the great depression. bill clinton tried the approach that i'm talking about. we created 23 million new jobs. we went from deficit to surplus, and businesses did very well. so in some ways, we've got some data on which approach is more likely to create jobs and opportunity for americans and i believe that the economy works best when middle-class families are getting tax breaks so that they've...
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Oct 4, 2012
10/12
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WBAL
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no tax cut that adds to the deficit. but i do want to reduce the burden being paid by middle-income americans. and to do that that also means i cannot reduce the burden paid by high-income americans. so any language to the contrary is simply not accurate. >> mr. president? >> well, i think what -- let's talk about taxes because i think it's instructive. now, four years ago when i stood on this stage i said that i would cut taxes for middle-class families. and that's exactly what i did. we cut taxes for middle-class families by about $3,600. and the reason is because i believe that we do best when the middle class is doing well. and by giving them those tax cuts they had a little more money in their pocket. so maybe they can buy a new car. they are certainly in a better position to weather the extraordinary recession we went through. maybe they can buy a computer for their kid who's going off to college. which means they're spending more money, businesses have more customers, businesses make more profits, and then hire mo
no tax cut that adds to the deficit. but i do want to reduce the burden being paid by middle-income americans. and to do that that also means i cannot reduce the burden paid by high-income americans. so any language to the contrary is simply not accurate. >> mr. president? >> well, i think what -- let's talk about taxes because i think it's instructive. now, four years ago when i stood on this stage i said that i would cut taxes for middle-class families. and that's exactly what i...
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Sep 26, 2012
09/12
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CNN
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there will still be a substantial deficit but it will be much smaller. president obama's main contribution to this $16 billion debt which is -- a $1 trillion debt which is a ten-year figure, projecting out ten years, was the stimulus bill which was $800 billion, which i believe was a good thing to do. i think that that might even be even bigger without it, because it kept people working and paying taxes and off the government payrolls and because it created new jobs and infrastructure in energy. if you look at his annual spending budgets, they are about 2% increases. that's less than the rate of inflation. so i think that the reason that i believe he will win re-election is that we're beginning to recover. we've had a higher rate of job creation since the recession bottomed out, the collapse bottomed out in the middle of 2009, than in the previous eight years, and we are moving in the right direction, and the policies he has advocated are more likely to present a good economic result. that's why if people thought this was just like another recession, he
there will still be a substantial deficit but it will be much smaller. president obama's main contribution to this $16 billion debt which is -- a $1 trillion debt which is a ten-year figure, projecting out ten years, was the stimulus bill which was $800 billion, which i believe was a good thing to do. i think that that might even be even bigger without it, because it kept people working and paying taxes and off the government payrolls and because it created new jobs and infrastructure in...
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Oct 2, 2012
10/12
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why the deficit's been above $1 trillion now four years running, and maybe if the moderators get into it, what's happening in the middle east, and what they think they can do about it. i think that governor romney's plan's going to be to try to stick to the substance because i think the country knows we need a change. >> i'm only half joking about kicking out of the room. metaphorically, a lot of republicans want to see mitt romney do just that to the president. they want to see him verbally beat him up and make the points that you've made crystal clear and win the argument. but there's another argument that says that one of mitt romney's problems is he's not likeable enough and he may need to turn on the kind of easy ronald reagan charm which he deployed so successfully in debate. it's a fine line, isn't it, between being hard and aggressive and making a point, but also coming over as likeable. >> right. and piers, really, the way to deal with that, and i think this is true for any debate but especially one where the stakes are so high for the country, is to stick to what you want to
why the deficit's been above $1 trillion now four years running, and maybe if the moderators get into it, what's happening in the middle east, and what they think they can do about it. i think that governor romney's plan's going to be to try to stick to the substance because i think the country knows we need a change. >> i'm only half joking about kicking out of the room. metaphorically, a lot of republicans want to see mitt romney do just that to the president. they want to see him...
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Sep 26, 2012
09/12
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MSNBC
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you want to do this with the deficit. i want to do that. it's like the reason i want to do this is because i have a different set of values than republicans. >> what are those values? spell them out. >> using govnment as a coalgrvece protect the safety net and to come together and invest in innovation, education, infrastructure. we're in it together. versus the ryan budgetwhich us aa stand-in first puaninwhsa weonal gid of government and give you a voucher, find medicare on your own. here comes romney and he sort of fits the mold. he's a 1 percenter. he shows no empathy, even before the 47%. >> a pure market guy. >> they use bain, from the beginning, as cynthia noted, as a value. he's out there making money. i'm thinking of wider ames and goals. >> a n bloomberg goathat has president obama leading mitt ey bsix ints natiolly. onbig ason, half of the polls say they have an unfavorable view of mitt romney. bloomberg reports, this is a september high for a presidential challenger in the last three decades. bloomberg quotes a 40-year-old insuran
you want to do this with the deficit. i want to do that. it's like the reason i want to do this is because i have a different set of values than republicans. >> what are those values? spell them out. >> using govnment as a coalgrvece protect the safety net and to come together and invest in innovation, education, infrastructure. we're in it together. versus the ryan budgetwhich us aa stand-in first puaninwhsa weonal gid of government and give you a voucher, find medicare on your...
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Oct 1, 2012
10/12
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CSPAN
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why do we have a deficit? we have a deficit because of the bushmen in their tax cuts, -- bush millionaires' tax cuts, because they are not paying their fair share of taxes. mitt romney is paying 14% of his income. i do not care how much mr. plummer made, but it is how much he paid. if mitt romney paid 14%, mr. plummer want to go to congress and he wants to write tax policy. don't you think it is fair that he discloses what his tax returns are? [applause] center brady, his running mate, in his failed bid to become lieutenant governor, released his tax returns. he did not pay any federal income tax for two years. what is it that mr. plummer has not paid? >> mr. palmer? >> i will answer the question. if you look and what is happening right now in the united states, if you look at what is happening, you have politicians of both polos -- part is not being honest with the voters. the bush tax cuts -- i will call of the obama tax cuts because they supported the extension. we have a tax code that is more than 72,000 p
why do we have a deficit? we have a deficit because of the bushmen in their tax cuts, -- bush millionaires' tax cuts, because they are not paying their fair share of taxes. mitt romney is paying 14% of his income. i do not care how much mr. plummer made, but it is how much he paid. if mitt romney paid 14%, mr. plummer want to go to congress and he wants to write tax policy. don't you think it is fair that he discloses what his tax returns are? [applause] center brady, his running mate, in his...
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Oct 3, 2012
10/12
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CSPAN2
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we are going to explore the progress over the 112th congress and identify deficits. we are going to do my portion very quickly because what is interesting -- let me start by introducing them. on my right is hugh halpern leaders the staff director of the house of representatives committee on rules. on the committee he search as the chief adviser on committee and leadership patterns. immediately to my left is jim harper, director of information policy studies at the cato institute and founder of washington watchdog which keeps a close eye on legislation in federal funding. jim is the washington watchdog -- watch.com several times in the course of this presentation. last but not least is john wonderlich who is the policy director at the sunlight foundation and all-around transparency gadfly. that is his official title. more information about today's panelist on your chairs and transparencycaucus.org. i would like to thank the cochairs of the congressional transparency caucus for getting us this space and opportunity to have a conversation with you today. i promised i wo
we are going to explore the progress over the 112th congress and identify deficits. we are going to do my portion very quickly because what is interesting -- let me start by introducing them. on my right is hugh halpern leaders the staff director of the house of representatives committee on rules. on the committee he search as the chief adviser on committee and leadership patterns. immediately to my left is jim harper, director of information policy studies at the cato institute and founder of...
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Oct 4, 2012
10/12
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possible to come up with enough deductions only affect high income individuals to avoid either raising deficit or burdening the middle class. does anyone out there think that the big problem we had is that there is too much oversight and regulation of wall street? because if you do, then... governor romney is your candidate. >> don't forget, you put $90 billion, like 50 years worth of breaks into solar and wind. to sole lynn dra and fiskar and tesla. i had a friend that said you don't just pick binners and losers, pick the losers. and carl rove joins us. let's go to the issue of undecided. jump in there. those at least watching. >> well, we're likely to see a bump out of this. not much of a bump but a little bit of a bump. first debate is most important of the debates and this typically the winner that gets a point two points out of the debate. there is a close race like this, that matters but to step back just a moment. what matters is that there is to a lesser extent there is the vice presidential debate. soits not over tonight but there is a strong start for mitt romney. and this is an asto
possible to come up with enough deductions only affect high income individuals to avoid either raising deficit or burdening the middle class. does anyone out there think that the big problem we had is that there is too much oversight and regulation of wall street? because if you do, then... governor romney is your candidate. >> don't forget, you put $90 billion, like 50 years worth of breaks into solar and wind. to sole lynn dra and fiskar and tesla. i had a friend that said you don't...
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Oct 4, 2012
10/12
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the reason i am in the race, people are hurting in this country and the deficit could crushh the future generation and what is happening in the middle east and developments around the world is a real concern and republicans and democrats both love america, but we need to have leadership. leadership in washington to bring people together and get the job done and could not care a less it is republican or democrat. i have done it before and i will do it again. >> you agree with that. >> yes. what was so powerful for you listening to the debate. >> the fact that he will bring people together and work with both asked and come to an agreement and move forward. >> and frank lunt will be live on "fox and friends" at 6:45 with more focus group reaction to president obama and mitt romney's performance last night. >> good stuff there. >> he paid what the dealer quoted him, how did one guy end up in police custody after buying an suv? >> what did you think of last night's debate. your e-mails next. and now brin - on brian kilmeade what is coming up next. >> we'll have instant analysis on that and f
the reason i am in the race, people are hurting in this country and the deficit could crushh the future generation and what is happening in the middle east and developments around the world is a real concern and republicans and democrats both love america, but we need to have leadership. leadership in washington to bring people together and get the job done and could not care a less it is republican or democrat. i have done it before and i will do it again. >> you agree with that....
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Oct 4, 2012
10/12
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FOXNEWSW
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or the deficit or the debt or the lack of job creation. we're showing video you saw annoyance, i felt throughout the night with president obama. he wasn't looking down at notes and looking for jim lehr to bail him out. >> barack obama is used to being sheltered and coddled by the media. and by those surrounding him. tonight he wasn't able to rely on that kind of comfort zone he's used to. the reason he seems to inept tonight and kind of disenchanted and disconnected is finally there is a record that he can be called out on and that is what mitt romney was supposed to do and what he did. he succeeded tonight in calling barack obama out on broken promises and can't wait for the next debate. and failed poll sthaiz barack obama didn't want to repeat z again without having that teleprompter in front of him to basically tell him what to say. that is why we saw this ineptness tonight. >> sean: did he not have an answer for $716 billion he took out of medicare. he didn't have an answer for social security. this is not an entitlement. this is what?
or the deficit or the debt or the lack of job creation. we're showing video you saw annoyance, i felt throughout the night with president obama. he wasn't looking down at notes and looking for jim lehr to bail him out. >> barack obama is used to being sheltered and coddled by the media. and by those surrounding him. tonight he wasn't able to rely on that kind of comfort zone he's used to. the reason he seems to inept tonight and kind of disenchanted and disconnected is finally there is a...
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there will still be a substantial deficit, but it will be smaller. president obama's main contribution to this $16 billion debt, which is a trillion dollar debt, a ten-year figure projecting out ten years was the stimulus bill, which is $800 billion, which i believe was a good thing to do. i think that might be bigger without it. it kept people working and paying taxes and off the government payrolls. because it created new jobs. if you look at his annual spending budgets, they are about 2% increase. that's less than the rate of inflation. so, i think that the reason that i believe he'll win re-election is we are beginning to recover. we have a higher rate of job creation since the recession bottomed out in the middle of 2009 than in the previous eight years. and, we are moving in the right direction and the policies he's advocated are going to produce good economic results. if people thought it was like another recession, he would be in trouble. it's not like another recession. they know it. >> people say the paralysis in washington, the inability t
there will still be a substantial deficit, but it will be smaller. president obama's main contribution to this $16 billion debt, which is a trillion dollar debt, a ten-year figure projecting out ten years was the stimulus bill, which is $800 billion, which i believe was a good thing to do. i think that might be bigger without it. it kept people working and paying taxes and off the government payrolls. because it created new jobs. if you look at his annual spending budgets, they are about 2%...
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Oct 3, 2012
10/12
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president, 36 days ow of an election, you promised to cut the deficit in half and you gave us $6 trillion in debt. you said we would have 8.7 million new jobs and unemployment at 5 percent, still hasn't been asked this question. could you imagine if this happened to your father if he was running for election or re-election. >> paul ryan talked about it. he says as conservatives, we are used to media bias. but the desperation of the mainstream media to re-elect barack obama has reached levels we have not seen before. i worry very much that the kind of covering up of hugely important issues, an american ambassador killed in a terror attack that the administration covered up, after it ignored that the threats that he was reporting back to washington. that's very, very serious. when have you a media that won't cover these stories, it begins to really damage, i think, the functioning of our democracy. they have an important role to play and they have abdicalletted responsibility because they have a tingle up their leg over barack obama. >> sean: i think they are the willing accomplices. i thin
president, 36 days ow of an election, you promised to cut the deficit in half and you gave us $6 trillion in debt. you said we would have 8.7 million new jobs and unemployment at 5 percent, still hasn't been asked this question. could you imagine if this happened to your father if he was running for election or re-election. >> paul ryan talked about it. he says as conservatives, we are used to media bias. but the desperation of the mainstream media to re-elect barack obama has reached...
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Sep 27, 2012
09/12
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WMAR
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made energy, and train workers and reduce the deficit. voters in ohio liked the message the president delivered on jobs there yesterday. polls show mr. obama widening his lead in the state. mitt romney also in the buckeye state telling audiences he cares about the people of america. romney acknowledging that some of the polls show him behind president obama. but he pointed to the first presidential debate less than a week from now as a potential turning point in the race. >>> in new york it was a rough ride for nearly 200 people aboard a brazilian jetliner from rio. they were bracing for a crash landing at kennedy airport because the landing gear was stuck sideways. you can see it there. the pilot circled twice before touching down. the nose gear seemed to miraculously straighten itself out just before the plane hit the tarmac. thankfully no one was injured. but some anxious moments aboard that plane. >>> airlines across the country are raking in big profits from what used to be a free service. they're pocketing billions of dollars in bag
made energy, and train workers and reduce the deficit. voters in ohio liked the message the president delivered on jobs there yesterday. polls show mr. obama widening his lead in the state. mitt romney also in the buckeye state telling audiences he cares about the people of america. romney acknowledging that some of the polls show him behind president obama. but he pointed to the first presidential debate less than a week from now as a potential turning point in the race. >>> in new...
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Oct 4, 2012
10/12
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FOXNEWS
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they also tackled medicare, role of the federal government, deficit. governor romney had set out to correct information that he said was put out by the obama camp that was incorrect. he was reviewed instantly on-line as being the better prepared and more forceful of the two, and spent a lot of time defining his plans and taking it to the president on the last four years. there were a lot of arguments about math. one example, obama charged the governor wants to cut taxes by $5 trillion and add 2 trillion in defense spending. >> we tried this, we've tried both approaches. the approach that governor romney is talking about is the same sales pitch that was made in 2001 and 2003 and we ended up with the slowest job growth in 50 years. >> my plan is not like anything that's been tried before. my plan is to bring down rates, but also bring down the deductions and eliminations and credits at the same time so the revenue stays in, but that we bring down rates to get more people working. we talk about evidence, look at the evidence of the last four years. it's a
they also tackled medicare, role of the federal government, deficit. governor romney had set out to correct information that he said was put out by the obama camp that was incorrect. he was reviewed instantly on-line as being the better prepared and more forceful of the two, and spent a lot of time defining his plans and taking it to the president on the last four years. there were a lot of arguments about math. one example, obama charged the governor wants to cut taxes by $5 trillion and add 2...
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Sep 27, 2012
09/12
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over the last four years the deficit has gone up. but 90% of that is consequence of two wars that weren't paid for. prescription drug plan that wasn't paid for. worst economic disaster since depression. >> dana: he got four pinocchios. >> greg: nobody is buying this. this is presidential equivalent of the dog ate my homework or the president ate my dog who ate my homework. let it go. it's over. both parties are to blame about spending. but he tied a rocket to it. you know? that is a fat guy tweaking. >> do we even know what kind of dog? >> dana: i don't really -- >> eric: talk walking down the street -- >> greg: who speaks for eaten dog. >> bob: good example of -- do go ahead. >> eric: to give you an example. okay. so -- [over talking ] under president obama whic thiss what we have gotten. $100, economic activity. it cost us $3 trillion. $300 in debt. but to get $300 in debt, you have to spend $700. you have to spend $700 to get the $100 economic activity under president obama. >> kimberly: don't give that to bob. >> eric: give me a
over the last four years the deficit has gone up. but 90% of that is consequence of two wars that weren't paid for. prescription drug plan that wasn't paid for. worst economic disaster since depression. >> dana: he got four pinocchios. >> greg: nobody is buying this. this is presidential equivalent of the dog ate my homework or the president ate my dog who ate my homework. let it go. it's over. both parties are to blame about spending. but he tied a rocket to it. you know? that is a...
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Sep 30, 2012
09/12
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WMPT
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how are they going to solve the deficit problem and also increase job creation?" and i'd like to hear that explained clearly, because they have two very different philosophies. third, i think that if the debates do their job, we're going to be able to answer the question, "what are the sacrifices either one is going to ask us to make?" >> such as reforming social security, medicare, higher taxes, lower taxes? >> yes. and on the table are all sorts of things that many people value a great deal and we may not be able to afford anymore. so should we have deductibility for second home mortgages? should we have deductibility for high-cost homes? should we have health insurance coverage provided by employers continue to be deductible? if so, for whom, should it be for all? and should we raise the age of entitlement, if so, to what level?" when someone says that about social programs, i want to also hear the answer to the question, "what are you doing with military spending? and how do you justify the tradeoff? we've gotta get the revenue someplace. where are you willing
how are they going to solve the deficit problem and also increase job creation?" and i'd like to hear that explained clearly, because they have two very different philosophies. third, i think that if the debates do their job, we're going to be able to answer the question, "what are the sacrifices either one is going to ask us to make?" >> such as reforming social security, medicare, higher taxes, lower taxes? >> yes. and on the table are all sorts of things that many...
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you said you would cut the deficit in half. and we'll have a trillion dollar deficit each of the next four years. if you are re-elected we'll get to a trillion dollar deficit. you said before you would cut it in half. i love this idea of $4 trillion in cuts. you've found $4 trillion to get closer to a balanced budget, yet we still have trillion dollar deficits every year. let me come back -- why don't i want to raise taxes? why don't i want to raise taxes on people? and actually you said it. back in 2010, you said, look, i'm going to extend the tax policies we have. i won't raise taxes on anyone. when we're in a recession, you shouldn't raise taxed on anyone. the economy is still growing slow. as a matter of fact, it's growing much more slowly now than when you made the statement. if you believe the same thing, you don't want to raise taxes on people. and the reality is, it's not just wealthy people, not just donald trump are you taxing. it's all the businesses that employ one quarter of the workers in america, that are taxes a
you said you would cut the deficit in half. and we'll have a trillion dollar deficit each of the next four years. if you are re-elected we'll get to a trillion dollar deficit. you said before you would cut it in half. i love this idea of $4 trillion in cuts. you've found $4 trillion to get closer to a balanced budget, yet we still have trillion dollar deficits every year. let me come back -- why don't i want to raise taxes? why don't i want to raise taxes on people? and actually you said it....
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Oct 4, 2012
10/12
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WJLA
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you said you'd cut the deficit in half, it's four years later, we still have trillion dollar deficits. we'll have it each of the next four years. if you are re-elected, we'll get to a trillion dollar debt. you have said before you'd cut the deficit in half. and i love this idea of $4 trillion in cuts. you found $4 trillion ways to get closer to a balanced budget yet we show trillion dollar deficits every year. that doesn't get the job done. let me come back and say, why is it that i don't want to raise taxes, why do i want to raise taxes on people? and actually, you said it, back in 2010, you said, look, i'm going to extend the tax policies that we have. i'm not going to raise taxes on anyone, because xhen twhen we'r recession, you shouldn't raise taxes on anyone. well, the economy is still going slow. as a matter of fact, it's growing much more slowly now than when you made that statement. and so, if you believe the same thing, you just don't want to raise taxes on people, and the reality is, it's not just wealthy people, you mentioned donald trump. it's not just donald trump. it's a
you said you'd cut the deficit in half, it's four years later, we still have trillion dollar deficits. we'll have it each of the next four years. if you are re-elected, we'll get to a trillion dollar debt. you have said before you'd cut the deficit in half. and i love this idea of $4 trillion in cuts. you found $4 trillion ways to get closer to a balanced budget yet we show trillion dollar deficits every year. that doesn't get the job done. let me come back and say, why is it that i don't want...
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Oct 4, 2012
10/12
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you said you'd cut the deficit in half, it's now four years later we still have trillion dollar deficits. martha: what about that, chris. >> for people who aren't following like this. simpson-bowles was the presidential commission. he was in charge of this commission. it was his idea. after they gave their proposals last december he ignored them, he never even mentioned them a month later in the state of the union speech. he does have a $4 trillion plan, a deficit reduction plan about it is filled with gimmicks. first of all it includes a trillion dollars that they already agreed to, the congress and the president, as part of the deficit reduction deal, the debt limit deal last august. any president if they come in its going to have that trillion dollars. he also gets $800 billion in savings from night fighting the wars in iraq and afghanistan that we weren't going to fight anyway. there are all kinds of gimmick savings. having quickly said that, mitt romney's plan has a lot of smoke and mirrors too. obama pointed out you have $5 trillion from lowering tax rate. you have a $2 trillion in
you said you'd cut the deficit in half, it's now four years later we still have trillion dollar deficits. martha: what about that, chris. >> for people who aren't following like this. simpson-bowles was the presidential commission. he was in charge of this commission. it was his idea. after they gave their proposals last december he ignored them, he never even mentioned them a month later in the state of the union speech. he does have a $4 trillion plan, a deficit reduction plan about it...
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Sep 29, 2012
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it all adds to the deficit. they have got to go out there this is all on the surface of tax cuts for the super wealthy. where i come from, we have one of the highest per-capita incomes in the nation. what i found out is wealthy people are just as patriotic as poor folks. they are just as decent and just as good. they are not asking for these tax cuts. that me give you an example. by extending the bush tax cuts for the wealthy, $500 billion goes to 120,000 families. $500 billion. a half a trillion dollars. how can that the right? the average income of those folks is $8.4 million the year. they do not need a tax cut. that what? middle-class families need a handout. they need a bit of help. [cheers and applause] a voted against extending the middle class tax cuts permanently. the voted against it. why? because they were holding it hostage to make sure they could continue the tax cuts i just mentioned. it almost sounds unbelievable. on top of the, how romney has another tax cut, costing the economy $1.70 trillion. g
it all adds to the deficit. they have got to go out there this is all on the surface of tax cuts for the super wealthy. where i come from, we have one of the highest per-capita incomes in the nation. what i found out is wealthy people are just as patriotic as poor folks. they are just as decent and just as good. they are not asking for these tax cuts. that me give you an example. by extending the bush tax cuts for the wealthy, $500 billion goes to 120,000 families. $500 billion. a half a...
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Oct 3, 2012
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going to do anything on medicare and medicaid when that's one of the biggest drivers of our budget deficit. >> wow! all right. >> so that was a portion of what the president said when bob asked him about a meeting on medicare that he had with harry reid, and then the speaker of the house, nancy pelosi. he's saying we've got to cut medicare. we've got to be responsible. democrats are saying no, we can't do that. and now the president, after telling boehner he would do that, is going out on the campaign trail saying those bad republicans want to cut medicare. by the way, this isn't about this election. this is about what happens after this election. how does this president -- >> exactly. >> -- after saying to the republicans, i'm going to cut medicare, which, again, is a responsible thing to do, the only thing you can do if you want to save the program, how can this president then get re-elected and go back to boehner and go, you know what? i said i'd cut medicare, and then i demagogued it and attacked you guys on the campaign. >> well, in his own words, he said it's bad politics to not draw
going to do anything on medicare and medicaid when that's one of the biggest drivers of our budget deficit. >> wow! all right. >> so that was a portion of what the president said when bob asked him about a meeting on medicare that he had with harry reid, and then the speaker of the house, nancy pelosi. he's saying we've got to cut medicare. we've got to be responsible. democrats are saying no, we can't do that. and now the president, after telling boehner he would do that, is going...
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Sep 26, 2012
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>> do we want four more years of trillion dollar deficits? >> know. >> i don't believe we can afford four more years like the last four years and the reason i believe after the debates and after the cam panes and after all the ads are over, the people of ohio are going to say loud and clear on november 6th, we can't afford four more years. we must do better. [cheers and applause] bill: you can watch this speech. it steams life on foxnews.com as the rally continues there in westerville, ohio. martha: fire and protests in the streets of europe. listen to some of this. [shouting]. those are the scenes with riot police out in force in the streets of the city of madrid. clashing with hooded protesters there. tens of thousands of demonstrators have taken to the streets according to reports on the ground there. they're angered at another round of steep budget cuts that have come down. a default is the concern here and that could sink europe's economy and could sink ours as well, many economists believe if it comes to that. amy kellogg joins me live
>> do we want four more years of trillion dollar deficits? >> know. >> i don't believe we can afford four more years like the last four years and the reason i believe after the debates and after the cam panes and after all the ads are over, the people of ohio are going to say loud and clear on november 6th, we can't afford four more years. we must do better. [cheers and applause] bill: you can watch this speech. it steams life on foxnews.com as the rally continues there in...
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Oct 4, 2012
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and no taxes at all as part of a deficit reduction. one of the ways you know the obama campaign is going to try to salvage what was a stylistic disaster last night. they're going to try to have the debate and say wait a minute, how does that compute? they're going to try to have the bill clinton math argument. the president didn't draw it out. >> if you can't engage on that level, if you can't get in there and engage, then perhaps the problem people will tie that performance to his inable to get things done in washington. that makes me sick to my stomach. chuck todd, thank you. what's so funny? >> i'm sorry. >> he had a cat strask economy. did an enormous amount to rescue it from getting worse and worse and worse. >> i don't know. it's going to have to be fixed. >> all right. we'll be right back. brian shactman is next. "morning joe" returns in a moment. [ female announcer ] ready for a taste of what's hot? check out the latest collection of snacks from lean cuisine. creamy spinach artichoke dip, crispy garlic chicken spring rolls. the
and no taxes at all as part of a deficit reduction. one of the ways you know the obama campaign is going to try to salvage what was a stylistic disaster last night. they're going to try to have the debate and say wait a minute, how does that compute? they're going to try to have the bill clinton math argument. the president didn't draw it out. >> if you can't engage on that level, if you can't get in there and engage, then perhaps the problem people will tie that performance to his inable...
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Sep 29, 2012
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that's been a huge deficit for him over the course of this campaign. no specifics, no details. so i think that is part of the burden he carries next wednesday night. >> i suppose one of the problems for you is that barack obama is in the strange position of being the quite clear favorite. i don't think many incumbent presidents have that going into debates but people say i saw a poll this morning, he's up nearly 60% of americans believe obama will win the debates. that's always a rather precarious place to go into a debate, isn't it, as the clear favorite because expectation levels can often exceed performance. >> that is definitely the case. you know, the president -- we're taking this debate very seriously. we know that there's a certain expectation on our side. we also know what history tells us, that challengers normally win the first debate, just by the fact that they're standing on the stage with the president. that elevates them. and they normally come into these things as underdogs so we're coming into this debate very realistic that mitt romney is likely to win, if he
that's been a huge deficit for him over the course of this campaign. no specifics, no details. so i think that is part of the burden he carries next wednesday night. >> i suppose one of the problems for you is that barack obama is in the strange position of being the quite clear favorite. i don't think many incumbent presidents have that going into debates but people say i saw a poll this morning, he's up nearly 60% of americans believe obama will win the debates. that's always a rather...
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if you think about it i would argue that the inability of the government to fix this borrowing debt deficit issue in the book, vice president biden's chief of staff, talking about the economic crisis in 2011, that's exactly what is going on. there is so much evidence that it is the biggest future. we are on the path becoming europe and greece. you just can't keep borrowing money. there is a stunning and fiction in this country, and we need some sort of we need some serious intervention. in the book, what i attempt to do is take people to the presidents and leaders and tell you exactly because of the luxury of time and my publisher, simon & schuster, i declined to get the meeting notes to get the exact detail to interview president obama and speaker boehner and the key players in this. i just want to take one quick snapshot from what happened that we didn't know about, which is critical. when the cops pull up less when the president was upset, he called the congressional leaders on a saturday morning at 11:00 o'clock a.m. the democratic and republican leaders were trying to work out their ow
if you think about it i would argue that the inability of the government to fix this borrowing debt deficit issue in the book, vice president biden's chief of staff, talking about the economic crisis in 2011, that's exactly what is going on. there is so much evidence that it is the biggest future. we are on the path becoming europe and greece. you just can't keep borrowing money. there is a stunning and fiction in this country, and we need some sort of we need some serious intervention. in the...
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Sep 27, 2012
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that's what's added $4 trillion to our deficit. i mean, think about that. so we've created a mountain of debt for the next generation that they're going to have to pay off. >> sean: remember, under obama's watch household income has plummeted more than 8%, and he's added more debt than almost all of his predecessors combined. the president doesn't want to talk about his record because it's a record of failure. he's been disengaged from the moment he took office. not only is he not willing to meet with world leaders bike prime minister benjamin netanyahu, not willing to reach across the isle about serious matters. massive cuts and our defense are looming. the massive tax hike in history is imminent. mr. president, the solutions to those problems won't be reached by sitting on the couch of the "the view," nor found in jay-z's nightclub, nor in george clooney house. the author of a brand-new "new york times" bestseller is here. bob woodward. you said this is a moment of maximum peril. you described a president not engaged in terms of relationships to fix the p
that's what's added $4 trillion to our deficit. i mean, think about that. so we've created a mountain of debt for the next generation that they're going to have to pay off. >> sean: remember, under obama's watch household income has plummeted more than 8%, and he's added more debt than almost all of his predecessors combined. the president doesn't want to talk about his record because it's a record of failure. he's been disengaged from the moment he took office. not only is he not willing...
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Oct 3, 2012
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keep printing money and expecting the world to take it or buy treasury notes to fund trillion dollar deficits forever. the economy is slow and going into another dip. i actually think the next president will have a moment between november 7, and i do not know, this summer or fall of 2013 to do a lot. i would bet there is a huge legislative agenda in 2013. i did not really by the gridlock argument. if obama gets reelected, evil have a mandate basically -- he will have a mandate basically the lesser version of bowel- simpson. if romney wins, he will have a mandate for some version of the right and budget, probably tempered a little bit to get democratic votes. if he becomes president, he what the mandate for something close to that. either way, we will probably get a pretty big deal. i think 2013 becomes a big entitlement reform, tax reform, budget reform moment. there will be an amazing pivot on november 7. suddenly the campaign will be over. guess what, we are going to have entitlement reform. all of the things is that about mitt romney will destroy america, suddenly we will do something that
keep printing money and expecting the world to take it or buy treasury notes to fund trillion dollar deficits forever. the economy is slow and going into another dip. i actually think the next president will have a moment between november 7, and i do not know, this summer or fall of 2013 to do a lot. i would bet there is a huge legislative agenda in 2013. i did not really by the gridlock argument. if obama gets reelected, evil have a mandate basically -- he will have a mandate basically the...
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if you're a republican and deficits with minorities and women, you need those white seniors to show up in large numbers for you. maybe they won't really understand that they fit into this category. there is a fair number of people who think this other people who are drawing on government subsidy in one way or another. but that vision part of this debate is going to be interesting because mitt romney has set himself up for some pretty difficult territory. are people on social security the kinds of voters that you are talking about, mr. romney, in this debate tonight, when you say government is paying too big a role in people's lives. that's a tricky one for him to walk out of. >> are the elderly moochers? he's going to have to answer that question. >> service members on disability? i mean same thing. >> coming on the heels of the romney campaign trying to use joe biden's biden-esque turn of phrase the middle class has been buried and you know, biden has walked that back, you know, is it an indictment of the president? look if you're going to fight for the ground on the middle class i do
if you're a republican and deficits with minorities and women, you need those white seniors to show up in large numbers for you. maybe they won't really understand that they fit into this category. there is a fair number of people who think this other people who are drawing on government subsidy in one way or another. but that vision part of this debate is going to be interesting because mitt romney has set himself up for some pretty difficult territory. are people on social security the kinds...
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Oct 4, 2012
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we have to close our deficit. we will discuss how we deal with our tax code and how we make sure we are reducing spending in a response away and have enough revenue to make those investments. governor romney's central economic plan calls for a $5 trillion tax cut on top of the extension of the bush tax cut. $2 trillion in additional military spending -- how we pay for that, reduce the deficit and making the investments we need without dumping the cost on the middle- class americans. that is one of the central questions of this campaign. >> you have spoken about a lot of different things. governor romney, do you have a question you would like to ask directly about something he just said? >> i do not have a tax-cut scale you're talking about. we have to provide tax relief to people in the middle class. i will not reduce the share of taxes paid by high income people. they are doing fine in the economy. the people who are having a hard time are middle-income americans. under the president's policies, they have been bu
we have to close our deficit. we will discuss how we deal with our tax code and how we make sure we are reducing spending in a response away and have enough revenue to make those investments. governor romney's central economic plan calls for a $5 trillion tax cut on top of the extension of the bush tax cut. $2 trillion in additional military spending -- how we pay for that, reduce the deficit and making the investments we need without dumping the cost on the middle- class americans. that is one...
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can you tell us otherwise you will end up with $40 trillion deficit, which tax loopholes will you close? >> kimberly: playing the role of mitt romney, eric bolling. >> eric: when you lower taxes and let people keep more of their money you bring growth back. >> bob: we have seen that work. >> kimberly: he won the debate. that easy. andrea what is your question? >> andrea: bill clinton spoke at the convention and he seemed to help barack obama. i am going to bring up bill clinton. president obama, when bill clinton left office he balanced the budget, cut social programs the unemployment number was low. urn your watch, the opposite happened. we have seen the budget been busted. so how are you like bill clinton? that is a tough question for him to answer. if it's me, i ask him, listen, i release my taxes. you have yet to release academic records, the white house records, see what he says. that would be tougher to answer. >> bob: for eight years we were all in a coma. curious. >> kimberly: bob is out of order. we're bring you back in "e" block. >> bob: clinton to obama. >> kimberly: guess wh
can you tell us otherwise you will end up with $40 trillion deficit, which tax loopholes will you close? >> kimberly: playing the role of mitt romney, eric bolling. >> eric: when you lower taxes and let people keep more of their money you bring growth back. >> bob: we have seen that work. >> kimberly: he won the debate. that easy. andrea what is your question? >> andrea: bill clinton spoke at the convention and he seemed to help barack obama. i am going to bring up...
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he said he would cut the deficit in half. we still have trillion-dollar deficits. if you are reelected, we will get to a trillion-dollar debt. you have said you will cut the deficit in half. you find $4 trillion in cuts. we still show trillion-dollar deficits every year. that does not get the job done. why is it that i do not want to raise taxes? i do not want to raise taxes on people. in 2010, he said he would extend the tax policies we have now and not raise taxes because when the economy is going slow like this, you should not raise taxes on anyone. the economy is still going slow. it is growing more slowly now than when he made that statement. if he believed the same thing -- the reality is it is not just wealthy people. it is not just donald trump you are taxing. it is the people that employ one-quarter of the workers that are taxed as individuals. you raise taxes and kill jobs. that is why the national federation of independent businesses said your plan will kill 7000 jobs. >> let's stay on the tax system for a moment. to reduce the deficit there has to be re
he said he would cut the deficit in half. we still have trillion-dollar deficits. if you are reelected, we will get to a trillion-dollar debt. you have said you will cut the deficit in half. you find $4 trillion in cuts. we still show trillion-dollar deficits every year. that does not get the job done. why is it that i do not want to raise taxes? i do not want to raise taxes on people. in 2010, he said he would extend the tax policies we have now and not raise taxes because when the economy is...
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he said he would cut the deficit in half. we still have trillion dollar deficits. if you are reelected, we will get to a trillion dollar debt. you have said he will cut the deficit in half. you find $4 trillion in cuts. we still show trillion dollar deficit a year. that does not get the job done. why is it that i do not want to raise taxes? i do not want to raise taxes on people. in 2010, he said he would extend the tax policies we have now and not raise taxes because when the economy is going so like this, you should not raise taxes on anyone. the economy is still going slow. it is growing more slowly now than when he made that statement. if he believed the same thing -- the reality is it is not as wealthy people. it is not just donald trump you are taxing. it is the people that employ 1 quart of the workers that are taxed as individuals. you raise taxes and kill jobs. that is why the national federation of independent businesses said your plan will kill 7000 jobs. >> but stay on the tax system for a moment. the deficit there has to be revenue in addition to cuts.
he said he would cut the deficit in half. we still have trillion dollar deficits. if you are reelected, we will get to a trillion dollar debt. you have said he will cut the deficit in half. you find $4 trillion in cuts. we still show trillion dollar deficit a year. that does not get the job done. why is it that i do not want to raise taxes? i do not want to raise taxes on people. in 2010, he said he would extend the tax policies we have now and not raise taxes because when the economy is going...
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no tax cut that adds to the deficit. i do want to reduce the burden being paid by middle income americans. that also means i cannot reduce the burden paid by high-income americans. any language to the contrary is simply not accurate. -p>> let's talk about taxes, because i think it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families. that is exactly what i did. we cut taxes for middle-class families by about $3,600. the reason is because i believe that we do best when the middle- class is doing well. by giving them those tax cuts, they have more money in their pocket. maybe it does not buy new car. they are in a better position to weather the extraordinary recession we went through. they may be able to y new computer for their kid who is going off to college. governor romney's proposal that he has been promoting for 18 months calls for of five trillion dollars tax cut on top of $2 trillion of additional spending for our military. he is saying he is going to pay
no tax cut that adds to the deficit. i do want to reduce the burden being paid by middle income americans. that also means i cannot reduce the burden paid by high-income americans. any language to the contrary is simply not accurate. -p>> let's talk about taxes, because i think it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families. that is exactly what i did. we cut taxes for middle-class families by about $3,600. the reason...